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Media Report
November 15 , 2016
  • The Wall Street Journal reports: "Nobody wins in a trade war. If Donald Trump sparks one with China, among the losers will be some of his most ardent supporters: blue-collar workers who helped sweep him to election victory. In fact, they'll stand to lose twice. They've already endured stagnant incomes for decades amid withering trade competition from China. Mr. Trump's threatened tariffs of 45% on all Chinese imports would hit their pocketbooks again by raising the price of pretty much everything on sale in Wal-Mart, from sneakers to microwave ovens...Still, Mr. Trump is under pressure to take action against China—even if it means imposing an effective tax on his political base—after making its unfair trading practices a cornerstone of his campaign. He called it 'the greatest theft in world history.' "
  • Reuters reports:"A Hong Kong court on Tuesday disqualified two pro-independence lawmakers from taking office, ruling their oath of allegiance invalid in a judgment in step with Beijing, which last week intervened in the Chinese-ruled city's legal system. But High Court Judge Thomas Au said he would have made the ruling anyway, without the controversial 'interpretation' by China's parliament that some lawyers and activists warned had damaged the judicial independence of the global financial hub...'By seeking to make a mockery of China...in a derogatory and humiliating manner, it is objectively plain that Mr Leung and Ms Yau refused to pledge allegiance to the Hong Kong Special Administrative Region as an inalienable part of (China),' [Au] said. The pair told reporters they made the 'heavy' decision to appeal, even though they might end up bankrupt."
  • The Washington Post reports:"The execution of a Chinese villager on Tuesday was meant as a message to the country: ordinary people can't take the law into their own hands, and the Communist Party is simply not going be swayed by a public outcry...Jia, who worked on construction sites, had become a popular symbol of the injustice faced by many poor people in China, and their powerlessness to resist rapacious development and corrupt local officials. Having confessed his crimes, many people believed he should be spared the death penalty, and even state-run media had rallied to his defense to urge leniency. A Chinese court found Jia guilty and ordered him put to death, a verdict finally approved by the Supreme People's Court in October...China is the world's top executioner, experts say, and although the number of executions is thought to be declining, the extent of the use of the death penalty is considered a state secret."
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